The one discipline all traders need to adopt

Banish all gut feelings and listen to your head when making your trades, says John C Burford. Rely on the charts to show you the way to profits.

Stock markets have been remarkably sanguine as the debt ceiling deadline looms over the US Congress. There appears to be very little concern about the risk of a potential catastrophe.

Indeed, the sharp rallies we have witnessed over the past few days indicate that investors anticipate a happy ending.

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.